Needham Bank · 1 month ago
Credit Analyst - C&I Lending
Needham, MA
Part-time
Onsite
Entry, Mid Level
$70K/yr - $91K/yr
2+ years expNeedham Bank is a financial institution focused on providing commercial lending services. The Credit Analyst - C&I Lending is responsible for analyzing the credit worthiness of commercial customers and recommending credit facilities within bank guidelines.
BankingCommunitiesFinancial Services
Responsibilities
Collect and track receipt of financial statements, borrowing base certificates, and covenant compliance certificates from existing customers
Perform annual reviews of existing relationships including spreading financial statements, analyzing corporate borrower’s financial performance and condition, evaluating cash flow, collateral, guarantor support and other pertinent factors
Produce modification requests for existing relationships
Prepare preliminary analysis, typically financial statement spreads and cash flow calculation, of prospective borrowers
Underwrite new loan requests including above referenced analysis as well as evaluation of proposed transaction
Assign risk ratings as appropriate and monitor covenant compliance
Provide analytical support to Senior Credit Analyst and Account Officers as needed
Attend and participate in meetings with customer and Account Officer as needed
Be prepared to discuss proposals with approval authorities on a one-on-one basis as well as in a committee setting
Perform additional duties as requested, needed or assigned
Qualification
Required
Knowledge of commercial and industrial lending practices and related areas
Knowledge of financial institution regulatory environment and policy
Ability to work independently with some guidance from team members
Prioritize work product in order to meet varying deadlines
Excellent knowledge of corporate and personal financial statements
Excellent financial analytical skills with sound judgment and decision making abilities
Ability to build strong relationships and alliances across the organization
Ability to adapt to change
Ability to multi-task
Reliable and highly self-motivated
Aptitude in Microsoft Office Suite, especially Excel and Word
Experience with spreading software
Excellent written and verbal English communication skills
Ability to adhere to Needham Bank's Core Values (Quick-Decision-Making, Reliability, Relationship-Based Focus and Quality Service)
Represent the Bank at various community functions
Participate on Bank task forces and committees as assigned
Engage in continuing education opportunities as they become available
Bachelor's degree in Accounting/Finance or related area
At least 2 years of Commercial and Industrial Lending credit experience with loan exposures ranging from $500,000 to $35 million
Preferred
SBA underwriting experience
Benefits
Fully paid medical and dental insurance
HRA
401(k) plan with an 8% bank match
Paid time off (PTO)
Paid holidays
A bonus program
Flexible spending accounts
Vision service plan
Group term life insurance
Short and long term disability insurance
Tuition reimbursement
Employee Assistance Program
Company
Needham Bank
Needham Bank is a community bank based in the greater Boston area.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Joseph Campanelli
President and CEO
Brad Buckley
Senior Vice President
Recent News
2025-12-19
NH Business Review
2025-12-06
NH Business Review
2025-12-06
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